Plan Ledger DOL Form 5500 · updated monthly

Resource Acquisition & Managem401(k)

RESOURCE ACQUISITION & MANAGEM 401(K) PROFIT SHARING PLAN & TRUST · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
1.26%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Resource Acquisition & Managem reported $17,878 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $761 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 1.16% to 1.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,195th of 3,644), and 11,010th of 11,654 in professional & technical services. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,652,033
Participants with balances464
Active participants393
Employer contributions$299,250
Employee contributions$302,014
Employer contribution per active participant$761
Average account balance$3,560
Benefits paid to participants$236,096
Plan auditUnmodified (clean) audit opinion
AuditorRIVERO, GORDIMER & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 464 accts · $299K emplr
2022$951K · 87 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,218
Investment management$5,800
Trustee / custodial$860
Total administrative$17,878
The Resource Acquisition & Managem 401(k) match · 2024
Employer contribution per active participant$761
Median for plans this size$1,313
2024$761 per active participant
2022$329 per active participant

Resource Acquisition & Managem's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$7,066
401K GENERATION · Contract administrator$5,722

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$17,878 · 1.26%
2022$11,038 · 1.16%
Same employer
Similar plansProfessional & Technical Services · Florida
Allstaff Payroll, Inc. FL$1.7M · 2.19%
Benefit Hub, Inc. FL$1.7M · 0.55%
Keeton Corrections, Inc. FL$1.7M · 1.27%
Acorn Health FL$1.6M · 1.43%
Search Wizards, Inc. FL$1.5M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593276048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.